A combination bet over six selections comprised of 26 separate bets in the form of two Patents, a Yankee and an Accumulator. All betting odds are correct at time of publishing and are subject to change. Bet Credits available for use upon settlement of bets to value of qualifying deposit. True odds – The true reflection of the underlying probability of an event to which a bookmaker will add their margin. Split-ball handicap – Where a Handicap bet is split into two separate bets one at each handicap level provided by the bookmaker, whether it is on Asian Handicaps or Totals etc.
Horse Betting Glossary
Dutching – Spreading your planned stake over more than one outcome on an event. For example if you had a £10 stake and you spread it on two outcomes. This is based on the same amount of winnings coming back should either of the outcomes happen.
A betting market where a bettor only has to predict which team or player is going to win. The act of betting on both sides of the same game at different times, when the odds have created enough space in the spread and total market for both bets to potentially win. A term for any bet that isn’t a spread, total or moneyline wager. In some sports, a draw is graded as a loss if a bet is made on one of the two teams to win the game. A type of wager where a bettor can choose two of the three outcomes in a game during regulation time.
By doubling the stake each time, the gambler aims to recoup all prior losses when a win is achieved. A bookmaker is the organisation that provides The Technical Challenges That Come After Sports Betting Is Legalized odds on the outcome of events in order to accept bets based on predictions by customers. In order to obtain longer odds on certain markets, you can place a bet long in advance of an event actually taking place. This is referred to as an ante post bet, and can be placed sometimes years in advance. Any bet in which, rather than backing a winner, you back a selection to cover the spread. Underdog – A selection that is expected to lose, e.g. in football this may refer to a lower league club playing a higher league team.
Spread – Generally used to define the lowest to the highest odds for either an individual selection or an entire field. Selling Race – The winner must be offered for sale at auction. Selections – The competitor predicted to win in your bet. Rule 4 – Industry agreed deduction strategy for bets placed prior to a non-runner or void selection. Runner – Contestant or selection or someone who places bets for someone else.
Limit – The highest amount of money a sportsbook informative post will take on a single bet. Book – Short for “sportsbook,” a book is an establishment that accepts wagers on sports and other events. A winning horse will pay the most on bets that it will finish first. It will pay a little less for place bets and even less for show bets, but it can effectively pay out in three ways—thus the allure of across-the-board bets. Sharp- A bettor who wins more money than he/she loses over a long period of time.
With Superfectas you must pick the first four finishing horses in the order of their finish. With Trifectas you must pick the first three finishing horses in the order of their finish. A Place bet is wagering on the horse to either first or second place. Here are a few more key football betting terms you may come across once you begin your betting journey. Similar to the market above, you’re betting on the total number of corners during a fixture.
Off Track Betting
The ‘Super Heinz’ bet requires the bettor to pick 7 selections, which results in total of 120 bets overall. The 120 bets within the Super Heinz are; 21 doubles, 35 trebles, 35 four-fold accumulators, 21 five-fold accumulators, 7 six-selection accumulators and 1 seven-fold accumulator. The ‘Yankee’ consists of four selections, with 11 individual bets across those picks, included in this. In this bet you will have six doubles, four trebles and a four-fold accumulator, meaning the bettor requires a minimum of two winning selections to gain a return. Similar to the Trixie bet, a ‘Patent’ also contains three selections, though this bet type has seven bets within it, due to it including three singles. In this bet you have three singles, three doubles and a treble, meaning just one winner is needed to lock-in a return.
Hedging a bet is betting the opposite side of your original pick to ensure a profit. While many recreational sports bettors think it might be wimpy or stupid to hedge your bets, professional wagerers use this technique often when the time calls for it. Lets say you did a 4-team NFL parlay for $100 to win $1000. The first 3 games all came in for you on Sunday and the last leg is the Jets +8 on Monday Night Football. Normally you bet $100 to $200 per game, but now all of a sudden the Jets game is worth $1000 to you.